Currency Note Worldwide

Worldwide currencies looking towards US growth data

By Ricky Bean March 29th, 2016

Matters outside of the UK, Eurozone and US were muted on Thursday, given the bank holidays in both New Zealand and Australia. In Japan, Tokyo’s price index was forecast to come up shorter than previously, potentially resulting in weakness for the Japanese yen. Reactions in the market are likely to be soft, given that most traders will be enjoying their holidays and any change in the market will have been priced into the market already.

Markets will remain flat on Friday unless the US final growth data throws any surprises that could affect its peers. Other than that, the Bank of Japan will release its Core inflation data, with the expected outcome to remain the same as the previous month’s.

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